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BANKRUPTCY—CHAPTER 11–TWO EXAMPLES OF A SUCCESSFUL “CRAMDOWN” ON DEBTS SECURED BY DEBTOR’S RESIDENCE AND RENTAL PROPERTY

Our client filed a chapter 11 bankruptcy proceeding.  Client owned a primary residence with a First Deed of Trust securing a loan of $780,000 and a second Deed of trust of $498,981.  Client also owned a rental property with a ...

SUCCESSFUL OUTCOME IN TWO BUSINESS CASES—PLAINTIFFS PAID THE DEFENDANTS (OUR CLIENTS)

We represented one client who was sued by a former business associate for approximately $100,000. It was a fairly complex case which involved the taking of numerous depositions, motions with the court, etc. shortly before the trial date, the Plaintiff ...

HELOC

My home in AZ had power of sale in April of this year. I have a HELOC that is attempting recourse. What assets will they take? The laws surrounding your situation include to much detail to explain here. Arizona has ...